2600 Sunrise Dr | Springfield, IL 62703
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- LoopNet Team
2600 Sunrise Dr
Springfield, IL 62703
IHOP - 15 Yr Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15 Years Remaining on an Absolute Triple-Net (NNN) Lease with a Top IHOP Franchisee - 100 Location Operator/Guarantor
- 103,930 Residents and 150,048 Daytime Employees within a Five-Mile Radius - Dense Springfield Trade Area
- Easily Accessible Location with Immediate Proximity to I-55 (52,300 Cars per Day)
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Signalized Hard Corner Location with More Than 15,000 Cars per Day at the Intersection of Stanford Avenue and South Dirksen Parkway
- Just North of Capital City Shopping Center - Tenants Include AMC Theatre, Big Lots, Panera Bread, and McDonald’s
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,480 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.19 AC
Zoning
B-1
PROPERTY TAXES
| Parcel Number | 22-12.0-101-015 | Improvements Assessment | $0 |
| Land Assessment | $80,273 | Total Assessment | $80,273 |
PROPERTY TAXES
Parcel Number
22-12.0-101-015
Land Assessment
$80,273
Improvements Assessment
$0
Total Assessment
$80,273
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